$1,600,000
SOLD SEP 25, 2020

16 Magnolia Dr Destin, FL 32541

5 Beds
4 Baths
3,529 Sq Ft
0.41 Acres

Recently Sold

$453 Per Sq Ft

6 Days on Market

Highlights

  • Docks
  • Parking available for a boat
  • Property Fronts a Bay or Harbor
  • Destin Elementary School Rated A-
  • Boat Lift
  • Boat Slip

About This Home

As of December 2022

Welcome to paradise! This 3 story home on Destin's harbor is an owner's dream. Featuring 4 deep-water boat slips, 2 of which can accommodate up to 28,000lb, easy access to the gulf and a private dock, it's a haven for fisherman and boating enthusiasts alike. If fishing isn't your forte, you can enjoy the relaxing lifestyle of coastal living in the rest of the home; 5br and 4ba can be found inside, along with a separate apartment on the 1st floor for guests or family. The open floor plan is perfect for entertaining or spending quality time. Located near Harborwalk's favorite attractions, Destin's best shopping, amazing dining experiences and beaches, you won't find a better home in the panhandle. Whether you're looking for your forever home, or an investment, this is the perfect choice!

Last Agent to Sell the Property

Dawn Burt

Keller Williams Success Realty License #3317300 Listed on: 07/29/2020

Keller Williams Success Realty

Last Buyer's Agent

Jake Maurer

Jpb Commercial Real Estate Adv

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,015

Year Built

  • Built in 1998

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 95x140x100x167
  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor
  • Bayou
  • Canal

Home Design

  • Beach House
  • Stucco

Interior Spaces

  • 3,529 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Lock
  • Boat Lift
  • Boat Slip
  • Docks
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Additional Homes

  • Dwelling with Separate Living Area

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include legal, management, master, security
  • Holiday Isle Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-2186-000C-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,015

Year Built

Built in 1998

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 95x140x100x167
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: HOLIDAY ISLE
  • Directions: From Hwy 98, turn onto Gulf Shores Drive (by Louisiana Lagniappe sign). Follow until Magnolia Drive and turn right. House is on the right just past the curve.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1998
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterfront:Harbor: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Harbor2: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Waterview:Canal2: Yes
  • Energy:Heat - Two or More: Yes
  • Waterview:Bayou2: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Oven Self Cleaning, Refrigerator, Security System, Smoke Detector, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - All, Guest Quarters, Lighting Recessed, Lock Out, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Security System: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Covenants
  • View: Harbor, Gulf, Canal, Bayou
  • Waterfront Features: Harbor
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Boat Slip, Boatlift, Deck Covered, Deck Open, Dock, Fenced Lot-All, Guest Quarters, Lawn Pump, Patio Covered, Porch, Separate Living Area, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Separate Living Area: Yes
  • Exterior:Fenced Lot-All: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Boat
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Boat: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 345.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Legal, Management, Master Association, Security

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 00-2S-24-2186-000C-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 14, 2022
Sold by
16 Magnolia Llc
Bought by
Bos Breeze Llc
Seller's Agent
Destin Lowery
Home Town Realty Partners LLC
Buyer's Agent
Jacob Eastland
Eastland Real Estate
List Price
$3,425,000
Sold Price
$3,125,000
Premium/Discount to List
-$300,000
-8.76%
Views
16
Current Estimated Value
$3,157,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,063
Avg. Annual Appreciation
0.37%
Original Mortgage
$2,343,750
Outstanding Balance
$2,278,074
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$878,989

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 24, 2020
Sold by
Castle Michael W and Castle Ashley B
Bought by
16 Magnolia Llc
Seller's Agent
Dawn Burt
Keller Williams Success Realty
Buyer's Agent
Jake Maurer
Jpb Commercial Real Estate Adv
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.19%
Original Mortgage
$1,120,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2014
Closed on
Jun 3, 2014
Sold by
Duff Kirk A and Duff Teena
Bought by
Castle Michael W and Castle Ashley B
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Hall Bohlinger
Berkshire Hathaway HomeServices
List Price
$1,175,000
Sold Price
$1,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jul 20, 2012
Sold by
Pace Frederic D and Pace Leslie A
Bought by
Duff Kirk A and Duff Teena
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Kendall Hood
Legendary Realty LLC
List Price
$865,000
Sold Price
$865,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%
Original Mortgage
$417,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Pace Frederic D and Pace Leslie A
Bought by
Pace Frederic D and Pace Leslie A

Purchase Details

Closed on
Mar 16, 2004
Sold by
Okaloosa County
Bought by
Pace Frederic D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,125,000 --
Warranty Deed $1,600,000 Emerald Coast Title Svcs Llc
Warranty Deed $1,175,000 Aqua Title
Warranty Deed $865,000 Aqua Title
Warranty Deed $216,700 None Available
Quit Claim Deed -- Associated Land Title Group
Quit Claim Deed -- Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,343,750 New Conventional
Previous Owner $1,120,000 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $3,125,000 -- --
12/14/2022 12/14/22 Sold $3,125,000 -8.8% $800 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $3,425,000 +114.1% $877 / Sq Ft
07/19/2021 07/19/21 Off Market $1,600,000 -- --
09/25/2020 09/25/20 Sold $1,600,000 0.0% $453 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $1,600,000 +36.2% $453 / Sq Ft
06/03/2014 06/03/14 Sold $1,175,000 0.0% $333 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $1,175,000 +35.8% $333 / Sq Ft
07/20/2012 07/20/12 Sold $865,000 0.0% $245 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $865,000 -- $245 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,015 $2,058,979 $855,470 $1,203,509
2023 $24,015 $2,010,281 $855,470 $1,154,811
2022 $17,465 $1,528,944 $617,222 $911,722
2021 $15,121 $1,217,669 $465,161 $752,508
2020 $14,165 $1,132,137 $444,122 $688,015
2019 $14,167 $1,116,907 $444,122 $672,785
2018 $13,410 $1,044,353 $0 $0
2017 $13,401 $1,025,393 $0 $0
2016 $13,201 $1,016,286 $0 $0
2015 $12,375 $930,032 $0 $0
2014 $10,102 $773,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 837680

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2186-000C-0080